Not sure where to invest? The Bond King has a few tips. Jeffrey Gundlach, the famed fixed-income investor and the CEO of DoubleLine Capital, said he had a few portfolio recommendations for investors trying to navigate the precarious macroeconomic environment. Speaking to Fox Business this week, Gundlach recommended that investors split their portfolios into four…
BLOOMINGTON (25News Now) – Bloomington High School is implementing a strict no-phone policy this year, and so far, leaders are pleased with the results. The new districtwide policy aims to reduce classroom distractions and increase student engagement. Students at Bloomington High School are expected to keep their devices hidden throughout the entire school day. “The…
It’s been a tough week for the bulls. The selling in the stock market continued on Friday, extending a decline that puts major indexes on track for a sharp weekly loss. The Nasdaq 100 was down more than 5% in five days, heading for its worst weekly performance since the tariff-fueled sell-off in April. Here’s…
Investors hit the brakes on the AI trade this week. The market doesn’t seem as confident about AI as it once was, evidenced by the sell-off that tore through the sector on Tuesday. Top leaders in the AI sector — including Nvidia, Meta, and Palantir — all tumbled, thanks largely to concerns that tech stocks…
Two federal judges ruled that the Trump administration must use emergency funds to keep SNAP afloat during the shutdown. President Donald Trump visited Asia, striking a trade deal with China. Speculation about a Trump third term heated up again, despite its near impossibility. And judges made consequential rulings regarding federal workers and voter registration.Here are…
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It was one scandal too many. After emails emerged this week showing that Prince Andrew remained in contact with the convicted sex offender Jeffrey Epstein longer than he had previously admitted, the House of Windsor finally moved to insulate the monarchy from years of tawdry headlines about Andrew’s dodgy friends and suspicious business deals. Buckingham…
If you turn on CNBC or Bloomberg at any given time, there’s a decent chance you’ll see a talking head discussing a bubble in AI stocks. It’s a pretty easy case to make if you use the historical playbook for identifying an overvalued market. Judging by traditional metrics, we’re flashing red. Even Fed Chair Jerome…
Most stocks ticked higher on Friday, sending Wall Street to more records. The S&P 500 edged up by less than 0.1% to close out its seventh winning week in the last nine, and the Dow Jones industrial average climbed 238 points, or 0.5%. Both added to their all-time highs set the day before. The Nasdaq…
HE DID. TONIGHT, KAI MORE THAN $370 MILLION IN FEDERAL FUNDING EACH WEEK. THAT’S HOW MUCH MONEY GOVERNOR WES MOORE SAYS THE STATE OF MARYLAND RELIES ON THE FEDERAL GOVERNMENT FOR TO RUN THINGS LIKE HEALTH CARE, FOOD ASSISTANCE PROGRAMS. THEY WERE THINGS THAT HE ADDRESSED TONIGHT DURING THAT SPEECH TO THE STATE. THINGS THAT…